Академический Документы
Профессиональный Документы
Культура Документы
Supplier
Entries go GL
AP
Shipment PO
AR
In this we receive order from customer. WIP (work in process) if we are no able to
meet sales order then requisition is raised. PO is approved. PO goes to supplier. Supplier
sends his shipment. AT the time of creation of invoice PO matching takes place. If
matching is approved then payment is made to supplier. Then all entries go to GL.
Entry from AR is also goes to GL.
Ans: Customization: Customization is the developing of the forms, reports and SQL
script from the beginning or changing the existing.
Financial data is integrated: Financial data is carried in a common format, and financial
data is transmitted from one application to another.
1). EMEA REGION: Europe, Middle East, Asia pacific and Africa.
2). America REGION: Canada plus Latin America.
3). Global REGION: localization that applies territories through the world. For example
Localization used in both Europe and Latin America are
classified in the Global Region.
STEP- ONE: First put the form in corresponding module like AP, AR, GL
in appropriate server directory.
2). Workflow Engine.: workflow is the component that executes and enforces
The defined workflow Process.
Q32: How can u attach two sets of books with single profile.
Ans: we can attach different set of Books with different responsibility
In a single profile.
Qns36: Can u delete the posted Journals? Can U make Changes in Posted Journals?
Ans36: No, once the posting program in oracle financial has updated accounts balances,
you cannot alter the posted journals; you can only post additional entries that negate the
original values. These entries contain either the negative values of the original posted
amounts or the original values but with the debit amounts and credit amounts reversed.
These approaches are known as reversal method.
Global Segment: Global segment maps one to one to a database column. DFF segment
stored in ATTRIBUTE. Global segment always displayed in a descriptive flex field.
Territory Flexfield:
o This is used to group territories according to
company needs.
o Combination table: RA_TERRITORIES.
Qns57: what are four options that are tied to defined set of books.
Ans57: 1. Standard option (supenseposting, automatic posting, Average
Balance posting)
2). Average Balance option.
3). Budgetary control option.
4). Reporting Currency option.
.
Qns63: What are three alert action types?
Ans63: 1. Detail (An action defined at detail level is initiated once for
Each exception found. – Meaning once for each row
Returned by the select statement in the alert definition.
2). Summary (An exception defined at the summary level is initiated
Once for all exceptions found or once for each unique
Output combination.)
2). Functional Currency: The principal currency you use to record transactions
And maintain accounting data within General
Ledger. The functional currency is usually the
Currency in which you perform most of your
Business transactions. You specify the functional
Currency for each set of books in the Set of
Books window.
Three way matching: The process of verifying that purchase order, invoice, and
receiving information matches within accepted tolerance levels. Payables uses the
following criteria to verify three-way matching:
Invoice price <= Purchase Order price
Quantity billed <= Quantity ordered
Quantity billed <= Quantity received
Four way Matching: The process of verifying that purchase order, invoice, and
receiving information matches within accepted tolerance levels. Payables uses the
following criteria to verify four-way matching:
Invoice price <= Order price
Quantity billed <= Quantity ordered
Quantity billed <= Quantity received
Quantity billed <= Quantity accepted
Qns67: What is the difference between Master table, setup table, and transaction table.
Ans 67: Master table: Created in any module and accessible across the application.
Like GL_CODE_COMBINATIONS, GL_SET_OF_BOOKS. //
Transaction –Table: transaction tables are tables that store day-to-day transaction
Data. Such as payable invoice, receivable invoice.
Qns75.What are customer table, transaction table, and Receipt table in AR.
Ans75:
Module Customer Table Transaction Table
AR HZ_CUST_PROFILE_CLASS RA_CUTOMER_TRX_ALL
HZ_CUST_PROF_CLASS_AMTS RA_CUSTOMER_TRX_LINES_ALL
HZ_CUSTOMERS_PROFILES RA_CUST_TRX_TYPES_ALL
HZ_CUST_PROFILE_AMTS RA_CUST_TRX_LINE_SALESREPS
HZ_CUST_ACCOUNTS _ALL
HZ_CUST_ACCT_SITES_ALL
HZ_CUST_CONTACT_POINTS
HZ_CUST_ACCT_RELATES_ALL
HZ_CUST_SITES_USES_ALL
RECEIPT Table
AR_CASH_RECEIPTS_ALL
AR_RECEIPT_METHOD
AR_CASH_RECEIPT_HISTORY_ALL
AR_INTERIM_CASH_RECEIPT_ALL
Legal Entity
Set of books: Within one set of books u may define one or more legal entities.
LEGAL ENTITY: each legal entity has its own employer tax identification number.
And prepare its own tax forms. Each legal entity has its own
Tax forms. Each legal entity has its own set of federal tax rule,
State tax rule and local tax rule. Legal entities consist of one or
More operating units.
Operating unit: operating units’ represents buying and selling units with in your
Organization. Oracle order Entry, Oracle receivables, Oracle Purchasing,
And Oracle Payables.
ASSET/FA Feeder
System
Addition,depreciation
Journal entries from other system
Encumbrance GL
Purchasing
Invoice Inventory
Invoice
Payment Sales/Receipt UnbilledReceivable
AP AR OE Inventory
ENTER
INVOICE
Matches with PO.
PO
Purc APPROVE Journal entries goes to GL
INVOICE
GL
PAY INVOICE
BANK
STATEMENT
(Reconcile
PAYABLE CYCLE
Customer
Transaction is recorded in GL send
payment
GL
payment is
Payme
recorded inGL
nt
Is
deposit
ed
Finally Custom
Dunning
Statement is Then
Debt is passed er
letter
sent
are telephonic
to collection Send no
sentTo customer call is made
agency. pay,men
OR
`
if it fails
Qns 94: Explain receipt, payment?
Ans94:
Receipt Payment
PO
OE AP
AR GL
GL
Q98.CUTOFF DAY
The day of the month that determines when an invoice with proximate payment terms is
due. For example, if it is January and the cutoff day is the 10th, invoices dated before or
on January 10 are due in the next billing period; invoices dated after the 10th are due in
the following period.